The BDO Center for Corporate
Governance and Financial Reporting

2017 Approach to Audit Quality

BDO employs an Audit Quality Framework based on five pillars
unique to BDO’s CLIMB strategy. Read our newly published 2017
Approach to Audit Quality Report to learn more about BDO's
response to audit quality.

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AUDITOR REPORTING

The new PCOAB auditor reporting standard is the first significant change to the auditor’s Pass/Fail model in the U.S. in over 70 years. Phase-in of enhanced disclosures effective for audits for fiscal years ending on or after December 15, 2017 include report format, auditor tenure, and independence followed by communication of critical audit matters for audits of large accelerated filers in 2019, and for audits of all other companies in 2020.

Events

In today’s data driven world, organizations are increasingly facing challenges regarding data regulations and compliance. Whether it is industry specific or location specific regulations, non-compliance can be a costly mistake. Join us for the first webinar in our 2018 Internal Audit Webinar Series.

The 2017 Tax Cuts and Job Act continues to generate thoughtful questions on corporate tax strategy. One significant area not to be overlooked is how tax reform measures may significantly impact corporate compensation and employee benefit planning. BDO invites compensation committees to hear from taxation experts and fellow compensation committee chairs as they address these and other evolving compensation governance matters head on.